Federal Agencies Propose Identity Verification Rule for Stablecoin Issuers (opens in new tab)

Five federal agencies are seeking public comment on a proposal to require certain payment stablecoin issuers to maintain a customer identification program. “The proposal would introduce requirements for these stablecoin issuers that are comparable to customer identification program requirements for banks and credit unions,” the Federal Reserve Board said in a Thursday (June 18) […] The post appeared first on <a href="